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To: Susan Saline who wrote (13993)	4/17/1998 11:52:00 AM
From: DanZ	Read Replies (2) \| Respond to of 53068

IRF. Sue, IRF has support at 10 1/2 and resistance at 11 5/8 and 12 7/8. The money flow has been absolutely the pits the past few days but the stock has only gone down 1/2 point and never dipped below 10 1/2. There were two days in the past seven where the money flow was greater than negative 400,000 shares and that was over 50% of the total volume on those days. The fact that the stock is only down 50 cents during this period means that somebody is buying a lot of stock on down ticks. In general I don't like negative money flow, but in this case I think it's bullish when combined with the price action. The stock is currently asking 11 3/16. This is near the middle of its range but I consider it a buy. I picked up a small amount today at 11 1/8 and am now holding 5000 shares. Dan